Ector County Real Estate and Livability Trends
In Ector County, Texas, median home values have climbed from $103,200 in 2015 to $175,600 in 2022, with real estate taxes nearly doubling to $6,642.80 per tax return in 2021. Residential energy tax credits surged to $3,670.22 in 2021, indicating a trend towards energy-efficient home improvements. Mortgage counts for primary residences peaked at 10,498 in 2020, reflecting strong housing demand.... Read more
Ector County Market Trends
Ector County, Texas, has experienced a steady climb in median home values from $103,200 in 2015 to $175,600 in 2022, showing consistent growth amidst national and state trends. Residential energy tax credits have surged from $630.77 in 2013 to $3,670.22 in 2021, indicating a notable movement towards energy-efficient home improvements. Real estate taxes have nearly doubled over the past decade,... Read more
Median Value of Occupied Housing Units in Ector County, Texas Over the Last 8 Years
Ector County, Texas has seen a steady climb in median home values over the past eight years, moving from $103,200 in 2015 to $175,600 in 2022. Compared to national trends, where the median value increased from $125,500 to $179,400 in the same period, Ector County's growth trajectory is slightly subdued but consistent. On the state level, Texas experienced a sharper rise from $136,000 in 2015 to $238,000 in 2022. This local uptick, while more moderate than overarching state trends, signals a potentially strong but less volatile environment for investment, development, and residency, particularly for those seeking to balance growth with relative affordability.
Residential Energy Tax Credit Per Tax Return in Ector County, TX Over the Last 9 Years
Over the last nine years, residential energy tax credits per tax return in Ector County, Texas, have shown a dynamic increase, with figures rising from $630.77 in 2013 to $3,670.22 in 2021. This significant growth suggests enhanced investments in energy-efficient home improvements, which could indicate both rising energy costs and a stronger emphasis on sustainability in the area. This pattern may be attractive for investors and real estate agents looking to tap into a market increasingly mindful of energy efficiency, while appraisers and insurance agents could see these improvements as factors that elevate property values.
Average Real Estate Taxes Per Tax Return in Ector County, TX Over the Last 10 Years
Over the past decade in Ector County, Texas, average real estate taxes per tax return have shown a pronounced upward trajectory, moving from approximately $3,194.57 in 2012 to about $6,642.80 in 2021. This significant increase suggests escalating property values and possibly higher demand, which could be both an opportunity and a challenge for those investing in or buying property. For insurance agents and appraisers, understanding this trend is crucial for accurate property valuations and future projections. Real estate agents and potential movers might see this as a sign of a vibrant, growing market but should consider the impact of higher taxes on overall affordability.
Percentage of Farm Returns in Ector County, TX Over the Last 10 Years
Over the last decade in Ector County, Texas, the percentage of farm tax returns has shown a gradual decline from approximately 0.97% in 2012 to around 0.63% in 2021. Farm tax returns, which are tax documents filed by individuals or entities engaged in agricultural activities, could imply shifts in the local agricultural economy or broader economic changes impacting farming viability. For potential investors, property developers, or anyone considering a move to this area, this trend may suggest decreasing agricultural activities which could affect land use considerations and investment strategies.
Number of Mortgages by Occupancy Type in Ector County, TX Over the Last 5 Years in Ector County
Ector County, Texas has shown fluctuating trends in mortgage counts across different occupancy types over the last five years. Principal residences have consistently dominated, peaking in 2020 with 10,498 mortgages, indicating robust demand for primary housing. Investment properties have seen a moderate increase, suggesting potential opportunities for real estate investors. Second residences remain the least common, indicating limited traction in the vacation or secondary housing market. These occupancy trends matter because they reflect the housing preferences and economic priorities of the population, affecting real estate investment opportunities, appraisals, insurance assessments, and development planning. For those considering investing or moving here, understanding these shifts can offer valuable insights into market dynamics.
Economic Outlook
In Ector County, Texas, the average taxable income has fluctuated significantly, peaking at $67,988.71 in 2014 and dipping to $54,096.15 in 2016, stabilizing around $67,916.16 in recent years. State and local income taxes have also been volatile, notably spiking to $8261.54 in 2020. The total tax liability has varied, with the highest recorded in 2014 at $12,573.95 and the lowest in 2016 at $8,641.60, indicating potential policy or economic shifts. Poverty rates have been erratic, spiking to... Read more
Average Taxable Income per Tax Return in Ector County, TX over the last 9 years
Average taxable income in Ector County, Texas has seen fluctuations over the past nine years, peaking around $67,988.71 in 2014 and dipping to $54,096.15 in 2016. In recent years, it appears relatively stable, with a noticeable bump to $67,916.16 in 2019. This could indicate economic resilience or variability, making it somewhat unpredictable for potential real estate investors or developers. Appraisers and insurance agents should note the income variability, as it might impact property values and insurance premiums. For new residents or those considering moving, it's worth noting the average income levels as part of financial planning.
Average State and Local Income Taxes Per Tax Return in Ector County, TX Over the Last 10 Years
Average state and local income taxes per tax return in Ector County, Texas, have shown considerable volatility over the past decade. Notably, 2020 saw a significant spike to $8261.54, potentially reflecting economic pressures or policy changes. The years 2018 and 2019 also marked higher averages, around $4870.00 and $4905.00 respectively, contrasting sharply with earlier years like 2012 where the average was $3143.24. This suggests fluctuating economic conditions that may inform investment decisions, real estate valuations, and tax planning strategies for potential and current residents, as well as professionals evaluating property in the area.
Average Total Tax Liability Per Tax Return in Ector County, TX Over the Last 10 Years
Over the past decade, the average total tax liability per tax return in Ector County, Texas, has shown fluctuations with noticeable peaks and troughs. The highest liability was recorded in 2014 at $12,573.95, while the lowest hit in 2016 at $8,641.60. Mid-decade saw declines, possibly indicating economic shifts or policy changes affecting taxpayers. Insurance agents, appraisers, and real estate professionals might find these trends insightful for assessing economic vitality and market conditions in Ector County. Investors and those looking to move here could use this data to gauge financial expectations and economic stability.
Cost of Living in Ector County
| Family Size | Housing | Food | Heath Care | Child Care | Taxes |
|---|---|---|---|---|---|
| 2 adults 4 children | $1,467 | $1,291 | $1,799 | $1,477 | $924 |
| 1 adult 4 children | $1,467 | $1,054 | $1,375 | $1,477 | $1,050 |
| 2 adults 3 children | $1,467 | $1,055 | $1,562 | $1,477 | $762 |
| 1 adult 3 children | $1,467 | $861 | $1,137 | $1,477 | $853 |
| 2 adults 2 children | $1,205 | $863 | $1,324 | $1,285 | $675 |
| 1 adult 2 children | $1,205 | $645 | $900 | $1,285 | $658 |
| 2 adults 1 child | $1,205 | $682 | $1,086 | $664 | $649 |
| 1 adult 1 child | $1,205 | $441 | $662 | $664 | $559 |
| 2 adults | $915 | $548 | $849 | $0 | $537 |
| 1 adult | $909 | $299 | $424 | $0 | $481 |
Safety trends & Data
Ector County, Texas has experienced varying property crime rates, notably in burglary and larceny-theft categories. Burglary arrests peaked at 95 in 2021 but fell to 73 in 2022, while larceny-theft incidents were highest at 503 in 2019 and declined to 326 by 2022. Motor vehicle theft showed an upward trend until a drop to 51 cases in 2021, then slightly rose to 83 in 2022. These shifts may affect safety perceptions for potential movers and... Read more
Property Crime Trends in Ector County, TX Over the Last 5 Years
Ector County, Texas has seen fluctuating property crime rates over the past five years, particularly in categories like burglary and larceny-theft. For example, burglary arrests peaked in 2021 at 95 but dropped to 73 in 2022, while larceny-theft was the highest in 2019 with 503 incidents, decreasing progressively to 326 by 2022. Motor vehicle theft showed an upward trend until a significant drop in 2021 with 51 incidents, followed by a slight increase to 83 in 2022. These changes could influence the safety perception for potential movers and investors.
Demographics
In Ector County, Texas, the adult population appears fairly balanced with a slight male majority. A significant percentage of residents have completed high school, but there's a noticeable drop-off at higher levels of education. Younger demographics dominate with a large proportion being under 35 years old. Racially, the county seems predominantly White but exhibits diversity with sizable communities of Black, Asian, and other... Read more
Race Distribution in Ector County, Texas (2022)
Educational Attainment in Ector County, Texas (2022)
Age Distribution in Ector County, Texas
Citizen Population in Ector County, Texas (2022)
Political Trends & Data
Ector County, Texas, exhibited a notable Republican dominance in the 2020 U.S. Presidential Election, with about 73% of the vote leaning Republican compared to approximately 25% Democratic support. This significant disparity suggests a strong conservative influence that might impact local policy and economic priorities, possibly creating a more business-friendly... Read more
Percentage of Votes in the 2020 U.S. Presidential Election by Party
Ector County, Texas, leaned heavily towards the Republican party in the 2020 U.S. Presidential Election, with roughly 73% of the vote, significantly outpacing Democratic support at about 25%. The Libertarian and Green parties garnered minimal support, each capturing less than 1% of the vote. Such skewed voting patterns might indicate a strong conservative presence or influence within the county.
73.33% of voters voted for the Republican party in the 2020 Presidential Election
25.49% of voters voted for the Democrat party in the 2020 Presidential Election
0.96% of voters voted for the Livertarian party in the 2020 Presidential Election
0.20% of voters voted for the Green party in the 2020 Presidential Election
0.02% of voters voted for the Other party in the 2020 Presidential Election
School Data
Ector County, Texas has had student-to-teacher ratios fluctuating between 15 in 2017 and 19 in 2023, consistently higher than the national average of 14. This trend highlights potential strains on educational resources, a factor critical for investors, developers, and real estate agents when making decisions about community development and property values. Appraisers and insurance agents might also consider these educational dynamics when assessing risk and determining property... Read more
Student-to-teacher ratio in Ector County, Texas over the last 10 years
Ector County, Texas has seen fluctuating student-to-teacher ratios over the past decade, ranging from 15 in 2017 to 19 in 2023. This trend suggests potential strains on educational resources, with ratios consistently higher than the current national average of 14 students per teacher. For investors, developers, and real estate agents, understanding these dynamics can provide insight into local educational infrastructure and may influence decisions related to community development and property values. Similarly, appraisers and insurance agents might consider these factors when assessing risk and determining premiums for properties in the area.
